Accra, Ghana — Petrol and Liquefied Petroleum Gas (LPG) prices are likely to rise slightly starting August 16, 2025, while diesel prices are expected to decrease this weekend.
This is derived from the outlook report provided by the Chamber of Oil Marketing Companies (COMAC), which serves as a guide for the pricing strategies of the Oil Marketing Companies (OMCs) in the country..
Projected Prices at Pumps
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According to the report, the price of petrol at the pumps is projected to increase by 0.39 -2.71% per liter from August 16, 2025.
LPG will be increased by up to 2.34 percent per kilogram.
However, that of diesel will be reduced by 0.72 percent per litre.
Reasons
According to the COMAC, the mixed pricing outlook has been influenced by the cedi experiencing some slight depreciation against the US dollar.
“The rate shifted from GHC 10.68 to GHC 10.77, reflecting a 0.8% decline” the chamber pointed out in the report.
The Chamber of Oil Marketing Companies mentioned that the anticipated pump price hike follows global market trends, with only slight increases predicted for petrol and LPG.
There have also been some mixed prices for crude oil on the international market. Diesel, for instance, fell sharply to 5.22, while that of petrol and LGP rose marginally by 1.89% and 2.87%, likely due to product-specific demand and supply factors.
Some of the industry players have argued that the recent 1 cedi levy on some petroleum products did impact the expected price increase from August 16.
The Chamber of Oil Marketing Companies has informed JOY BUSINESS that it anticipates prices to remain relatively stable during the next pricing window, starting in September 2025.
Last Updated on August 15, 2025 by Samuel Kwame Boadu
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Samuel Kwame Boadu is a Ghanaian media entrepreneur and storyteller with a passion for amplifying urban voices and uncovering everyday truths. He is the Editor-in-Chief and Founder of Accra Street Journal, a dynamic digital platform dedicated to capturing the pulse of Ghana’s capital—its people, culture, challenges, business, sports and innovations.
